Market Scenario
Radio frequency (RF) filters play a critical role in the communication sector. RF filters help in eliminating the interference caused by white noise while transmitting and receiving the data through a communication channel. RF filters are widely used in functional areas including radio, television broadcast, and wireless communication operated through a range of medium to high frequencies required to have a proper, error-less, and reliable communication from one end to the other. Also, the RF filter based on its application areas are technically categorized based on the type namely low-pass, high-pass, band-pass, and band-reject filters.
Advanced and emerging countries are witnessing rapid development in telecommunication sectors. Also, countries such as India have increased foreign indirect investment (FDI) limits in the telecom sectors to improve the network infrastructure in association with private industries. This has led to the expansion of 3G and 4G/LTE networks which eventually increases the network traffic through mobile devices and result in increased network interference across the communication channels. Therefore, the need for RF filters has increased owing to the need to filter data and experience seamless communication between devices. Furthermore, rising adoption of the Internet of things (IoT) and rapid Internet penetration across the globe to operate wireless devices are likely to drive the RF market during the forecast period. On the other hand, high cost of software to simulate the RF filter for high scale mobile applications are hindering the growth of the RF filter market during the assessment period.
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In October 2018, Resonant Inc., one of the globally recognized providers of the radio frequency front-ends for wireless devices, is likely to launch 5G filter technology XBAR. The newly developed product is designed and developed to provide a cost-effective filter operating at frequencies of 3GHz and higher, becoming the first filter technology for 5G networks. Furthermore, in July 2018, Akoustis Technologies, Inc., one of the manufacturers of single-crystal bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, introduced AKF-1938, a 3.8 GHz filter designed and developed for various commercial applications including transceiver, radio communication for both commercial and military applications, and phased-array radar markets. The AKF-1938 is also associated with the emerging 5G mobile frequency spectrum, and allows Akoustis Technologies to develop the first bulk acoustic wave (BAW) RF filter design to commercialize above 3 GHz frequency.
The global RF filter market was valued USD 7.3 billion in 2017 and is presumed to reach approximately USD 20.5 billion by 2023 with a CAGR of 17.8% during the forecast period (2018-2023).
Key Players
Some of the key players of global RF Filters Market includes Skyworks Solutions Inc (US), Murata Manufacturing Co. Ltd (Japan), Qorvo (US), Broadcom (US), TDK Corporation (Japan), Avnet Inc (US), Tai-SAW Technology Co. Ltd (Taiwan), Abracon (US),Yageo (Taiwan), RTX Technology (South Korea), Bird Technologies (US), Crystek Corporation (US), and Akoustis Technologies (US).
Segmentation
According to the segmentation followed by MRFR, the global RF Filter Market is segmented based on filter type, functional areas, connectivity technology, and application.
- Based on the filter type, the RF filter market is segmented into bulk acoustic wave (BAW) and surface acoustic wave (SAW).
- On the basis of the connectivity technology, the global RF filter market is segmented into Bluetooth, cellular technology, Wi-Fi, and others. The mobile technology is categorized into 3G, 2G, and 4G.
- based on the functional type, the global RF filter market is segmented into cellular devices, television (TV) broadcast, radio broadcast, GPS devices, and others.
- based on the application, the market is segmented into small appliances, lighting, home security, industrial, remote control, and others.
Regional Analysis
Based on the region, the global RF filters market is studied for Europe, North America, Asia-Pacific, and the rest of the world.
North America is the largest region in the global RF filters market and is expected to account for the dominant market share over the forecast period. The early adoption of technological advancements established ICT industry, and constant flow of investments towards research and development activities is predictable to drive the market over the forecast period. Moreover, North American country, the U.S., one of the most developed countries across the globe, is considered one of the largest global technological hubs, which has the presence of the major tech giants. This is expected to contribute substantially towards the market growth over the review period.
Asia-Pacific region is likely to be the fastest-growing region in the RF filter market. The market is growing in APAC due to the presence of a significant number of electronic component producers in Japan, China, and South Korea and increasing adoption of LTE and VoLTE networks. Also, countries such as India have improved foreign indirect investment (FDI) limits in the telecom sectors to expand the network infrastructure in association with private sector industries.
Europe is also dominating the global RF filter market and likely to have a noteworthy market share due to fast advancement in the network infrastructure to install 5G network services in the region. Advanced and emerging countries such as Germany and the UK are observing fast development in telecommunication sectors.
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Target Audience
- Automation & control vendors
- Automation & control networking technology vendors
- Mobile Manufacturers
- Component manufacturers
- Software and solution providers
- Telecommunication Service Provider
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